AN award-winning accountancy firm has opened an office in Swansea.
KTSOwensThomas has taken offices in the prestigious Dylan Thomas Centre in SA1, which has been transformed into an Innovation Foundry.
The city office is part of ambitious growth plans for the firm in the region, and will see the creation of five roles in the Swansea office.
Huw Davies, formerly the head of finance and the company secretary at the Scarlets as well as the CFO of Regional Rugby Wales joins KTSOwensThomas as an associate and will head up the Swansea office.
Mr Davies also spent 10 years with WS Atkins and KPMG.
Senior staff members based in Swansea will also include Tanya Wilson, a senior manager specialising in corporate finance and forensic accounting and David Owens, a director of the firm who will be specialising in business solutions.
Mr Davies said: "I am delighted to join KTSOwensThomas to head up this new venture.
"Having the opportunity to work with such a forward-thinking firm and talented team of experienced individuals, I am looking forward to adding real value and benefit to our clients in the Swansea Bay and West Wales area.
"KTSOwensThomas aim to provide strategic support to Welsh SMEs to increase the wealth generated by the Welsh economy and to promote its growth by assisting entrepreneurs and university spin-outs to fulfil their ambitions by turning proof of concept projects into viable and profitable Welsh companies."
Mr Owens said: "We are very excited to announce our launch in Swansea and see it as a fantastic opportunity to extend our service offering not only geographically but in terms of differentiating the firm.
"Since our inception in 2003, we have adopted a three dimensional approach – deeper thinking, connected vision and business acceleration – in an attempt to break the mould of general practice accountants.
"We are confident as a firm that we can offer valuable business advisory services to help business owners in the Welsh economy achieve their aspirations and ultimately increase shareholder wealth and benefit the local economy."
The Dylan Thomas Centre came under the management of the University of Wales in March last year.
The on-site conferencing and training facilities have also been refreshed and a £6 million hub of the HPC Wales Supercomputing network is being developed within the centre.